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Europe News

Brussels moves to deduct €200 million fine from Hungary's EU funds

Budapest will soon be deprived of a share of its EU funds for refusing to pay the fine imposed by the European Court of Justice.

Europe News

EU bungled plastic waste tax, auditors say

A new levy intended to discourage the landfill and incineration of plastic waste is plagued by dodgy data, and may have led to an uptick in crime, auditors warn

Europe News

Erasmus+ and research funding slashed in EU’s 2025 budget plans

MEPs and pressure groups have decried a €295m planned cut to the Erasmus+ student exchange programme, formalised by EU member states on Friday.

Europe News

Bloc needs simpler, flexible, policy-based budget, says EU official

How should the bloc finance its next budget? How big should it be? And what should be its spending areas? A policy discussion organised today by the influential Brussels-based think tank Bruegel offered some ideas.

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Earth News

EU hails benefits of multi-billion-euro environmental action

A cost-benefit analysis by the European Commission says nearly €3.5 billion of EU money pumped into real-world environmental schemes through the LIFE programme gave a tenfold return on investment – justification, green groups say, for massively ramping up spending.

Europe News

From allowances to golden parachutes: How much are MEPs paid?

We look at the perks the newly elected lawmakers meeting this week can expect.

Europe News

Auditors slam poor oversight of cohesion spending

The EU's cohesion funds aim to reduce social and economic disparities between the richest and poorest regions, but both the Commission and member states are failing to adequately oversee their spending, according to a new report by the European Court of Auditors (ECA).

Ukraine

What's at stake for Europe in Ukraine's EU membership talks?

A new budget, rule of law, defence, and security are the top priorities for opening the European Union's gates to Kyiv. Will Ukraine and the EU be up to the challenge?

Belgium

Von der Leyen spars with rivals on EU budget and Chinese trade war

With two weeks until European elections, candidates diverged on the size of the bloc’s trillion-euro spending, EU air defence, and whether to impose US-style punitive tariffs on Beijing.

Health news

Bloc’s health budget facing uncertain future – EU official

An unprecedented funding line for health in the current EU long-term budget will likely be a one-off, said a senior official mulling long-term financing more sustainable than EU funds alone.

Europe News

Brussels’ trillion-euro budget may need expanding, Commissioner says

EU resources are under strain, given the need to invest in defence, climate change and a possible expansion to Ukraine.

Europe News

MEPs gear up to sue Commission over release of €10 billion for Hungary

The European Parliament has moved forward with its plan to launch a lawsuit against the European Commission for the release of €10.2 billion in cohesion funds for Hungary, which had been blocked over rule-of-law concerns.

Europe Decoded

The truth behind the €64.6-billion budget deal agreed by EU leaders

The European Union might soon add an additional €64.5 billion to its common budget. But it comes with fine print.

Health news

Leaders sacrifice one-fifth of bloc’s health funds in support of Ukraine

A decision by EU leaders to re-deploy €1bn from Europe’s largest health programme to finance the aid package for Ukraine was met with shock from health stakeholders.

Europe News

Euroviews. EU budget cuts threaten the union's global leadership

The money the EU invests in global challenges abroad is the tangible manifestation of our European values in action, reflecting the international commitments the union has made, Pascal Lamy, Andris Piebalgs, Heidemarie Wieczorek-Zeul, Neven Mimica and Charles Goerens write.

Europe News

MEPs threaten legal action if Commission unfreezes more funds

In a scathing resolution, Members of the European Parliament threatened to launch legal action against the European Commission if the executive releases further frozen funds to Hungary.

Healthcare

MEPs call on Commission to foot medicines agency’s Brexit shortfall

A forced relocation and the collapse of hotdesking company WeWork could leave the formerly London-based regulator with a €30 million budget hole for 2024.

Europe News

Hungary gets €10 billion in frozen EU funds amid Orbán's threats

The European Commission allowed on Wednesday the release of €10 billion in cohesion funds for Hungary, almost a year after the money was frozen over the country's failure to address persistent rule-of-law concerns.

Europe News

Brussels could soon unblock €10 billion in cohesion funds for Hungary

The European Commission is preparing to adopt next month a decision that could unblock up to €10 billion in cohesion funds for Hungary, which has been denied the cash over persistent rule-of-law concerns.

Europe News

Hungary to get €920 million in EU recovery funds without conditions

The European Commission approved on Thursday the revised version of Hungary’s recovery and resilience plan, a decision that foresees the release of €920 million without strings attached.